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European Union Imports Climate Change

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Akin Gump Strauss Hauer & Feld LLP

US Presidential Elections 2024—What is at Stake for Swiss Companies and Investors?

The November U.S. Presidential electoral campaign is in full swing. Since President Joe Biden ended his reelection bid and Vice President Kamala Harris secured the Democratic Party nomination, polls now show a tight race...more

Skadden, Arps, Slate, Meagher & Flom LLP

Corporate Sustainability Due Diligence Directive: What Companies in Germany Need To Know

The European Union’s Corporate Sustainability Due Diligence Directive (CSDDD or Directive) entered into force on July 25, 2024, establishing a framework for companies to address risks and adverse impacts on human rights and...more

Foley & Lardner LLP

Promoting Human Rights and Environmental Sustainability: Integrating Ethics into the Supply Chain

Foley & Lardner LLP on

Companies of all sizes are increasingly scrutinized on adherence with Environmental, Social, and Governance (“ESG”) metrics. In particular, manufacturers and customers at both ends of the supply chain are evaluated on metrics...more

Mayer Brown

Deforestation Regulation: Impacts of a Possible Delay in Risk Classification of Countries and Other Recent Developments

Mayer Brown on

On 9 June 2023, the European Union published Regulation (EU) 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest...more

Mayer Brown

Europe Daily News, 14 March 2024

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11288 - Tapestry / Capri) - Prior notification of a concentration (Case M.11443 - Adnoc / Fertiglobe)...more

Mayer Brown

Europe Daily News, 12 March 2024

Mayer Brown on

COMPETITION - - Non-opposition to a notified concentration (Case M.11420 - Blackstone / Vista / Adapt2)... - Non-opposition to a notified concentration (Case M.11411 - BPIFrance / Meridiam / Exoes)...more

WilmerHale

EU adopts the Carbon Border Adjustment Mechanism Regulation

WilmerHale on

On May 16, the Regulation establishing an EU Carbon Adjustment Mechanism (CBAM) was published in the Official Journal of the EU and entered into force the following day. Under the CBAM, importers into the EU of...more

Beveridge & Diamond PC

EU Parliament Approves Carbon Border Adjustment Mechanism

Beveridge & Diamond PC on

The European Parliament voted in favor of implementing the Carbon Border Adjustment Mechanism (CBAM) after reaching a provisional agreement on the CBAM in December 2022. Several countries and the European Union (EU) have long...more

White & Case LLP

European Parliament and Council Reach Agreement on Carbon Border Adjustment Mechanism and EU Emissions Trading System

White & Case LLP on

The European Parliament and Council of the European Union have reached an agreement on the text of the EU Carbon Border Adjustment Mechanism regulation and the directive providing an updated EU Emissions Trading System....more

Latham & Watkins LLP

European Parliament and European Council Reach Provisional Agreement on Carbon Border Adjustment Mechanism

Latham & Watkins LLP on

The CBAM would seek to mitigate carbon leakage through the imposition of a levy on carbon-intensive imports into the EU, while free allowances under EU ETS would be phased out. On 13 December 2022, negotiators from the...more

Hogan Lovells

Giving deforestation the ax – The proposed regulation on deforestation-free products

Hogan Lovells on

On September 13, 2022, the European Parliament voted to adopt a regulation on deforestation-free products (Proposal for a Regulation on the making available on the Union market as well as export from the Union of certain...more

White & Case LLP

European Parliament and Council adopt positions on ETS and CBAM proposals: next steps—final agreement & formal adoption

White & Case LLP on

The EU "Fit for 55" package, if adopted, will significantly reshape environmental regulation in Europe, with impact beyond the EU's borders. In this alert, we focus on developments in two of the most impactful files, the...more

A&O Shearman

The European Parliament’s wish list on the Carbon Border Adjustment Mechanism (CBAM)

A&O Shearman on

On 21 December 2021, the European Parliament’s (EP) Committee on the Environment, Public Health and Food Safety (the Committee) published its Draft Report on the proposal for a Regulation of the European Parliament and of the...more

Hogan Lovells

The EU Carbon Border Adjustment Mechanism proposal and considerations for U.S. businesses

Hogan Lovells on

The EU CBAM proposal signals a transformation of the European carbon pricing regulations. U.S. businesses with significant European operations, or with operations in emissions-intensive, trade-exposed industry sectors, should...more

Hogan Lovells

The EU Carbon Border Adjustment Mechanism : inspiration for others or Pandora’s box?

Hogan Lovells on

Following the release of the European Commission’s proposal for a Carbon Border Adjustment Mechanism (“CBAM Proposal”) on 14 July 2021 as part of the “Fit for 55” legislative package aimed at reducing the EU’s greenhouse gas...more

White & Case LLP

Fit for 55: EU moves to introduce carbon border adjustment mechanism

White & Case LLP on

As a key part of the "Fit for 55" European Green Deal package, the European Commission has published its controversial proposal for a carbon border adjustment mechanism ("CBAM"). The CBAM, if adopted, will impose a levy on...more

Mintz

Latest EU Efforts on Climate Change Demonstrate Broader Risks to Business

Mintz on

Today, the EU released a plan to combat climate change through reducing emissions. Significantly, key elements of this plan include increasing the costs on businesses whose activities contribute to climate change, even when...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 35, September 2020

U.S. Shale Producers Race for Federal Permits Ahead of Presidential Election - "Federal permitting in the largest U.S. oilfield in the Permian Basin, located in Texas and New Mexico, is up 80 percent in about the last three...more

White & Case LLP

New EU-Vietnam FTA Enters into Force

White & Case LLP on

A new landmark free trade agreement between Vietnam and the European Union entered into force on 1 August 2020.  The agreement provides expansive preferential treatment for both goods and services, recognition and protection...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 41, November 2019

Why Everything They Say About California Fires — Including That Climate Matters Most — is Wrong - "'We’ve looked at the history of climate and fire throughout the whole state, and through much of the state, particularly...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 39, October 2019 #4

Big Oil’s Climate Change Reckoning Finally Arrives in Court - "New York’s $1.6 billion lawsuit arose from a national effort to hold Big Oil responsible for global warming." Why this is important: The most important...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2019 #2

New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2019 #4

Trump Eyes Action to Limit States' Powers to Block Pipelines - "The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - November 2018 #3

Impact of U.S. Court Ruling on Keystone XL Timing Unclear: TransCanada - "TransCanada Corp is reviewing a decision by a Montana judge blocking construction of the Keystone XL pipeline, but the impact on project timing...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - October 2018 #2

Is U.S. Shale as Productive as It's Cracked Up to Be? "When you look at the data, the question arises of whether E&Ps' well production systems are as efficient and productive as they like to think they are." Why this is...more

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